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Dec 26, 2012
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we are hearing potential for gaming in the uk. let's break it down. there is a one-year chart beard all things digital have been reporting they are close to launching games in the uk. plus poker, plus casinos. it sounds like a lot of fun. all things digital continues to take a look at online games and the potential for zynga doing exactly that in the uk. there is is up 3.25% right now. back to you. lori: great. we will see you in a few minutes. the bullet train traveling 186 miles per hour begin regular service. it previously took 20 hours and now it just take eight. in 2009 -- $640 billion is more than 139 u.s. dollars. here is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break.
we are hearing potential for gaming in the uk. let's break it down. there is a one-year chart beard all things digital have been reporting they are close to launching games in the uk. plus poker, plus casinos. it sounds like a lot of fun. all things digital continues to take a look at online games and the potential for zynga doing exactly that in the uk. there is is up 3.25% right now. back to you. lori: great. we will see you in a few minutes. the bullet train traveling 186 miles per hour...
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last i looked at the trade deficit, we were, again, lagging and uke sking popped water. there's arising deficit stripping our gdp. >>nd right now europe is in a relative deep recession. we're still above water. lou: you jumped all over the punch line because you talk about things not making sense. folks, this is not making sense. i'm delighted because people have wealth left in the equities market, the bond market. w long will that be the case if we go over the cliff? >> won't be the case for long if we have a recession followed by a typical bear market. lou: how long to get to recession -- >> we can get there pretty quick. in fact, some of the down downdrafts are starting to form. we saw those in the q3 gdp numbers were sinking into @%ntraction. lou: 2.7 -- >> employment reports gnar november and december, not surprised if gains in private sector payrolls are well over 100,000 new jobs. lou: that would not be good. baseline at least, i think, for passable is 125. what's your judgment? >> about the same, okay, that's a c-minus grade, get a "c" if we hit 150. lou: might s
last i looked at the trade deficit, we were, again, lagging and uke sking popped water. there's arising deficit stripping our gdp. >>nd right now europe is in a relative deep recession. we're still above water. lou: you jumped all over the punch line because you talk about things not making sense. folks, this is not making sense. i'm delighted because people have wealth left in the equities market, the bond market. w long will that be the case if we go over the cliff? >> won't be...
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Dec 21, 2012
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. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the uk to begin with. it's an international stock market and it's very dominated by the resources sector. we quite like energy, but we're not so keen on the materials. we don't think the uk is going to do as well as the s&p or the euro stocks. we're expecting markets to be more strong because local expectations are going to be overly depressed and they matter. >> kevin, briefly, what about the yen? this seems to be one of the biggest stories for the bank of japan. do you bet on the bank of japan here? >> we expect them to loosen and of coursively push the yen down. the only qualification one has
. >> well, as far as the uk stock market is concerned, people focus often on the uk economy. the economy next year could do a bit better than this year. it may be the economy that shows the biggest improvement, believe it or not, in its gdp growth rate. that improvement, though, we think is flattering the underlying reality. but stock markets, the uk stock market is a little about the like chelsea, arsenal and man dhefter city. a lot of the glamorous, exciting players are not based in the...
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Dec 13, 2012
12/12
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banks fall, that is from an executive, already estimated there are a number of zombie companies in the uk as well as japan to cross the bridge to nowhere. they have the same slow growth. can you call this lemon socialism? the fact they're saying it on the rise is an indication wait a second, we have turned a corner. investment capital usually turns profits, but deutsche bank says high profits are now socially unacceptable and easy targets for taxation meeting a bull's-eye on them. tracy: we have a birthday boy to thank. happy birthday. all right. ashley: helicopter in. tracy: elizabeth mcdonald, thank you. some breaking news, oil closing down $0.88 per barrel. $85.89 per barrel. that is a drop of 1%. a move snapping two straight days of gains. ashley: on deck hsbc paying uncle sam nearly $2 billion for money-laundering by fox news judge andrew napolitano says the bank owes nothing. tracy: first, a look at the 10 and 30-year treasuries heading out to break. >> i am lori rothman. comments from house speaker john boehner on the ongoing fiscal cliff negotiations continuing to weigh on the mar
banks fall, that is from an executive, already estimated there are a number of zombie companies in the uk as well as japan to cross the bridge to nowhere. they have the same slow growth. can you call this lemon socialism? the fact they're saying it on the rise is an indication wait a second, we have turned a corner. investment capital usually turns profits, but deutsche bank says high profits are now socially unacceptable and easy targets for taxation meeting a bull's-eye on them. tracy: we...
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Dec 5, 2012
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the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments, whether they be coalition, torrey, labor governments have made a right mess. why is that this tone that is so complicated that creates all these opportunities for avoidance? >> it's because people have built anti-avoidance legislation on anti-avoidance legislation rather than actually thought about what they're trying to tax. but part of the problem with the u.s. companies from the government's perspective is that the international tax regime worked quite well when profits tended to be made in the same country that sales are made in, but the pac have got excited about the fact that sales are hig
the problem lies in the uk tax code, isn't it? >> indeed. the uk tax code is complicated. and that in itself provides an opportunity for companies to plan. also some of what they want to do. it's very important to make this distinction between avoidance and evasion. evasion is illegal. avoidance is looking at the law and seeing what opportunities there are to minimize costs and tax is just another cost of doing business. >> so the long and the short of it is successive governments,...
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that ad was banned in the uk after regulators said it after regulators said it denigrates the bottle drink industries. that is what we havenn next. keep it here. ♪ get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get traightforward guidance and be able to focus on other things, like each other, which isn't rocket science. it's just common sense. from td ameritrade. dagen: another day, another meeting. it still looks awfully wide in dealing with the looming tax increases and spending cuts. are they closer to a deal than we think? here to answer brett baier. he joins us from washington, d.c. was the white house or the democrats surprised by the republican proposal? >> dagen, i do not think that they were surprised. they knew another proposal would be coming back. they probably guessed that it would not include tax rate increases. that is the
that ad was banned in the uk after regulators said it after regulators said it denigrates the bottle drink industries. that is what we havenn next. keep it here. ♪ get married, have a couple of kids, [ children laughing ] move to the country, and live a long, happy life together where they almost never fight about money. [ dog barks ] because right after they get married, they'll find some retirement people who are paid on salary, not commission. they'll get traightforward guidance and be...
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Dec 30, 2012
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uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a better term. it will be interesting. it is not that much smaller of the freshman class, and there are fewer republicans, but they seem to be oriented toward public policy and any number of ways. >> is indicating he would support speaker boehner for the 130th congress. are they going to get along in this group -- 113th congress? are they going to get along in this group? >> there were a lot of problems during the debt negotiations. democrats had to step up and vote for the proposal to give it to pass. that is a fair question for this freshman class. are they going to su
uke messer,tative lo thank you for being on "newsmakers." let me turn to our reporters for a bit of a rapid conversation. he is the freshman president for public and, coming into the 113th congress. who are they? >> they are a very diverse bunch. there are some people who are new to politics. but a lot of them are long lines of luke messer, who have been in government at many levels. they're able to see a little bit more context than some of the fire breathing -- for lack of a...
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Dec 10, 2012
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the uk pound moving higher. the dollar down against all these currencies. we will be right back. >> 20 minutes past the hour, this is your fox news minutes. a navy seal dead after u.s. and nato operation could not a doctorate in eastern afghanistan. a member of the seal team six elite unit known to take out usama bin laden. the ducks american was safely removed after being held by the taliban. egyptian government reportedly allow the military to arrest civilians. the move is an attempt to safeguard the constitutional referendum for saturday. the order was to protect violence temporarily until the referendum resulted. manufacturing has been hit hard because of u.s. sanctions. facing financial crisis in the last four years. dissuading the nation from continuing uranium enrichment. those are your headlines. back to ashley. ashley: thank you very much. holiday sales hitting record numbers, but even an upbeat shopping season won't be the saving grace for some retailers so what does that mean for your portfolio? sandra smith has a look at the winners and losers i
the uk pound moving higher. the dollar down against all these currencies. we will be right back. >> 20 minutes past the hour, this is your fox news minutes. a navy seal dead after u.s. and nato operation could not a doctorate in eastern afghanistan. a member of the seal team six elite unit known to take out usama bin laden. the ducks american was safely removed after being held by the taliban. egyptian government reportedly allow the military to arrest civilians. the move is an attempt to...
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Dec 7, 2012
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we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was going on with the earthquake. aussie dollar below 1.05. sterling-dollar just slightly weaker. that's where we stand as far as the european markets are concerned. let's get a wrap of the final trading day in asia this week. >> asian markets wrapped up the week on a mixed note. shanghai composite gained 1.6% and it's up over 4% on the week. stocks related to citi growth continued to surge as the new urbanization plan is aiming to boost investment plan. agriculture stocks up today on support policies. hang seng dragged lower by utility stocks. picc
we have industrial production coming out of the uk. if worse than expected, may get a negative q4 for the uk. italian yields are higher. spanish 5.54, just nudging a little higher. bunds down 1.29d% after the downgrade by the bundesbank, as well. draghi says we discussed it and again a big town great in inflation forecast, as well. some saying maybe they still won't, but it does knock the euro-dollar, 1.29d 25 is where we stand. dollar-yen 82.37. we talked about the yen in relation to what was...
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Dec 20, 2012
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that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor, sell the fact move. now, house republicans plan to bring their tax bill to a floor vote today. this as tensions over the white house over the fiscal cliff have started to rise. it's unclear what the bill, known as plan b, will look like. house speaker john boehner has reportedly added spending cuts to convince members it will be worth the vote. president obama has threatened to veto the bill. the president says he's puzzled by what's holding up budget talkes and that house republicans should stop trying to score a point against him. >> take the deal. you know, they will be able to claim that they have
that gilt in the uk, keeping an eye on it, it is falling a little bit. 1.95% after a soft set of uk retail sales figures. spain, italy, moving higher, but not too much of a move there. 5.3%. and 4.4 for italy. now, forex rates, the euro/dollar and the yen has been in focus still in the last several trading sessions and that continues today. 1.3230 is the level. the yen, though, is giving back about .5% after the bank of japan's quantitative easing plans, pretty much flecting a buy the rumor,...
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Dec 28, 2012
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guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not entirely clear at this point when that meeting will take place and details are still being hammered out and we saw today a blistering series of rhetorical jabs from one side to the other and it's not clear as a result of all that whether a deal can, in fact, get hammered out in the remaining time before new year's eve and take a listen to senate republican leader mitch mcconnell earlier today explaining the problems he's facing in washington. take a listen. >> the truth is we're coming up against a hard deadline here and as i said, this is a conversation we should have had months ag
guess what happened in britain when the uk banned handguns. the surprising result that could change the gun control debate. "the kudlow report" start ises right now. >>> the big news tonight, still the developments in washington on the fiscal cliff, eamon javers joins us with the details. >> good evening, meshel. capitol hill sources tell cnbc that congressional leaders are planning to go to the white house tomorrow to meet with president barack obama and it is not...
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Dec 27, 2012
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a project in the uk where we have good data, 100 million pounds, uk project, 30% more cost overruns than 5 million project. small is beautiful and more efficient than you think. so having the government, centralized one bureaucrat make a mistake, okay, massive consequences. it looks okay until they make a mistake. it's a lot bigger. plus, another thing. there's no skin in the game on a part of bureaucrats. bureaucrat makes a decision. that's the central thing. federalize the system and i was asked how to make the financial industry better. force people to have skin in the game. nrds, have people harmed by the mistakes. >> sure. >> you are not harmed as a bureaucrat, not harmed by the bureaucrat. a mayor, you're shamed. that's maybe enough, just a little bit that you need to force someone to make a good decision. you see? skin in the game and bankers don't have skin in the game. so one of the necessary rules is that those who make a mistake should be exposed to harm and not harm others, you know. that would -- we have known since -- once civilization started based on reciprocity of mistak
a project in the uk where we have good data, 100 million pounds, uk project, 30% more cost overruns than 5 million project. small is beautiful and more efficient than you think. so having the government, centralized one bureaucrat make a mistake, okay, massive consequences. it looks okay until they make a mistake. it's a lot bigger. plus, another thing. there's no skin in the game on a part of bureaucrats. bureaucrat makes a decision. that's the central thing. federalize the system and i was...
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Dec 4, 2012
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it's a big uk branding story. >> only luke could spin it as a uk branding story. birth of a baby. max foster outside the hospital for us tonight. there have been tweets about the next heir to the throne coming in from all around the world. some of them from piers morgan himself. earlier he wrote this. hearing rumors that william and kate are considering piers as a name for their child, humbling. he joins us from los angeles. what great news, named after you. amazing. you must be so proud. >> i'm as surprised as you are, soledad. having been the one that started the rumor, i'm not exactly holding my breath. >> one could imagine. why do you think everyone around the globe is so interested in the story of the royals? it never really ends. i think a lot of people are rooting for this couple. they really like this healthy, normal, if you can be, marriage. >> look, they're the biggest stars in the world and they really are. i think the wedding cemented wills and kate now as the two biggest figures of any type in the whole of the planet earth. they replaced really princess diana in that
it's a big uk branding story. >> only luke could spin it as a uk branding story. birth of a baby. max foster outside the hospital for us tonight. there have been tweets about the next heir to the throne coming in from all around the world. some of them from piers morgan himself. earlier he wrote this. hearing rumors that william and kate are considering piers as a name for their child, humbling. he joins us from los angeles. what great news, named after you. amazing. you must be so proud....
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Dec 4, 2012
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. >> president obama considering the "vogue" editor to be his next ambassador to france or the uk. one of the president's biggest fund raisers. anna win tour, the devil wears prada? the devil wears burberry here. >> i think this is a terrible idea. she had one of the most epic falling outs in a magazine with her vogue paris editor f she can't get along with her paris counterpart in-house how can she be a diplomat negotiating with heads of state? i don't see it. >> i think obama has to be stuck here, that he is threatening to exile the queen of american fashion. going to be completely disrupted, take out anna win tour. no regime change. >> breaking news on netflix and disney. >> netflix shares popping now on an announcement that netflix and walt disney studios announced a multiyear deal to make netflix the exclusive u.s. subscription tv service for first-run live action and animated features from the walt disney studios a big deal, netflix secured similar deals with other smaller studios, like dream works animation. disney is certainly the biggest deal of its kind, the first major s
. >> president obama considering the "vogue" editor to be his next ambassador to france or the uk. one of the president's biggest fund raisers. anna win tour, the devil wears prada? the devil wears burberry here. >> i think this is a terrible idea. she had one of the most epic falling outs in a magazine with her vogue paris editor f she can't get along with her paris counterpart in-house how can she be a diplomat negotiating with heads of state? i don't see it. >> i...
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Dec 18, 2012
12/12
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uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is actually a big source of stimulus for households. absolutely. i don't want to make too much about it, but the biggest attacks oeft with the and elevated since the mid '70s, it could be coming to an end. so i think that is something we need to be aware of. the annual fuel rate in the uk is about 15 billion to consumers. you're looking at another percent on income. so as i'm sitting down righting the income for next year, it's not all doom and gloom, the mood is similar to last year where next year it's too horrendous to count. >>
uk link will be up, not down. and them i also think thattory thing our chancellor did a good job of was she raised taxes by 10 so companies can invest a 215 pounds, not just 200 pounds. >> that's a leverage the other governments have been trying to pull. but your point is interesting. it's not just the uk we were seeing there. and it goes back to the point you were making about oil. u.s. retail gas prices are down 16% since their peak this year. if it weren't for the fiscal cliff, this is...
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Dec 27, 2012
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i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger problems, much bigger problems in terms of the demographic in terms of the structural hold back. so there are a lot of sectors at play now. i think one of the names that the boj has is whether this will work or not. but if were looking at it more from a yen perspective, certainly two things are going to drive the yen are going to be the relative price of the boj balance sheets with respect to, perhaps, the fed and the ecb and the other being the jgb. >> and briefly, in summary, what are your favorite strategic calls? >> the strategic calls for us are going to be buying the rupee against the yen. we are looking
i'm pondering is when you look at how much qe has taken place in japan compared to, for example, the uk, it's actually a relatively small amount. if japan tries a much larger qe event, surely we go down the route of the uk which in and of itself does not demonstrate a huge increase in inflation and a huge increase in market growth, either. >> arguably, that is one of the problems with the huge task that the boj has ahead of it. people progress in terms of growth, japan has bigger...
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Dec 3, 2012
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and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
and uk over those libor claims. it's monday, a new month for us here, december 3rd, 2012, and "squawk box" begins right now.
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Dec 4, 2012
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ambassador to the uk or france. do you believe that report? it's our gut check. be sure to check out our "news nation" tumblr page. you'll see behind the scene pictures and we got this picture of wynton march sal less yesterday in the house. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it at home. stouffer's. let's fix dinner. yeah, the cisco ucsc series server, with the intel xeon processors, help us scale smoothly, like a perfect golf swing. how was it before? clunky and full of unnecessary impediments. like charles' swing. i heard that. trust duracell to power their donated toys? duralock power preserve. it locks in power for up to 10 years in storage. guaranteed. duracell with duralock. trusted everywhere. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold sy
ambassador to the uk or france. do you believe that report? it's our gut check. be sure to check out our "news nation" tumblr page. you'll see behind the scene pictures and we got this picture of wynton march sal less yesterday in the house. [ female announcer ] a classic meatloaf recipe from stouffer's starts with ground beef, unions, and peppers baked in a ketchup glaze with savory gravy and mashed russet potatoes. what makes stouffer's meatloaf best of all? that moment you enjoy it...
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Dec 28, 2012
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joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio manager at coutts, it has been at times a legal high gold exposure surging upwards in times of stress. for those days seem to have gone. trimming it. that is a fact that there's a real shortage of low risk investments of on german bunch negative. >> but you're saying it's trading like other risk assets at the moment. >> at times, it's correlated with em. so it's less attractive from a portfolio construction perspective as compared to what it was. >> it's fascinating because we've been talking about one theme for 2013 being is it a stock picker's market, are we seeing less differentiation, w
joining us is allen higgins, chief investment officer for the uk coutts. good morning. >> good morning. >> so we've had 12 years of exposure to gold. you're limiting it now. why? >> it's starting to lag, but more subtly from a portfolio construction perspective, it's lost its negative correlation. for example, quarter 2010, well, euro crisis won when we had equity markets down a lot then gold really surged forward, giving a negative correlation. and so for the portfolio...
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Dec 31, 2012
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so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today and appreciate it. >>> okays, somebody from the northwest. yes? the gentleman there waving with both hands. indeed, you, sir. >> yes. first of all, social cohesion, and before the riots, they were horrible. i don't think anybody -- what was the root of that? social cohesion. tension between people. we don't get along. this curriculum. we can learn to work together. education is our future. knowledge is power. we want power or want to be weak? do you want to have knowledge or let light shine on what we are? [applause] >> what about the southwest. who
so, let the uk youth parliament ld the way. let young people lead the way because the decisions we make today with deal fine our lives. thank you. [applause] >> thank you. just before i look for a speaker from the northwest i want to welcome sir peter bottomly. the member of parliament from west -- thank you for your support of the youth parliament. pplause] >> and his wife, have always been interested i youth issues and the concerns of young people and that is reflected again today...
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Dec 10, 2012
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starbucks has been brought up before parliament in the uk to answer questions about why they are not keeping their tax money at home. the reason is, the tax rates are too high on corporate profit. bring them down and the taxes will stay at home and you won't have it problem at all. >> yeah, i think the real underlying problem is the bad state of the u.s. tax code that forces people it take advantage of things that are legal if not necessarily patriotic. >> these companies are following the rules. nobody is accusing them even of breaking rules. >> it is not illegal. >> we have to expect them to do exactly that. >> fix the underlie be problem and you fix this. then they might actually good to work under this country. >> we should say thank you for doing that. >> jc penney throwing in the towel on no coupons policy. 20% off on friends and family discount over the weekend. has ron johnson finally come around? or too little too late john karner? >> i was a buyer into the story line. when i saw bill akman give his presentation on how jc penney would turn things around with no more coupons,
starbucks has been brought up before parliament in the uk to answer questions about why they are not keeping their tax money at home. the reason is, the tax rates are too high on corporate profit. bring them down and the taxes will stay at home and you won't have it problem at all. >> yeah, i think the real underlying problem is the bad state of the u.s. tax code that forces people it take advantage of things that are legal if not necessarily patriotic. >> these companies are...
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that the president wants to thank one of his biggest campaign contributors to an ambassadorship of the uk or france. >>> actress turned senator. you heard about this, right? it could become a reality because actress ashley judd is considering a run against senate majority leader mitch mcconnell of kentucky. she is conducting opposition research against herself. apparently she's also considering a 2016 bid against senator rand paul. >>> tweeting about his mission to live on a budget of $30 a week, cory booker starts his food challenge today. he tweeted a receipt of what he spent. broccoli, corn, lots of beans. >>> baby boomers are stressed out. intense pressure on boomers. so take care of yourself with these stress relievers. get exercise. walking can improve your physical and mental well-being. try meditation and quiet relaxation and laugh a lot. it helps to offset anxiety and depression. [ male announcer ] alka-seltzer plus presents the cold truth. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male ann
that the president wants to thank one of his biggest campaign contributors to an ambassadorship of the uk or france. >>> actress turned senator. you heard about this, right? it could become a reality because actress ashley judd is considering a run against senate majority leader mitch mcconnell of kentucky. she is conducting opposition research against herself. apparently she's also considering a 2016 bid against senator rand paul. >>> tweeting about his mission to live on a...
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. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>> game on, movie fans. they gave out their awards and the bulk went to two live stories, "lincoln" and "zero dark 30." well, anyway, the l.a. times had a fascinating article about how this influential group, the critics, is an oscar predictor. and by the way, they honored frankenweenie. you can prevent gas with beano meltaways, or treat gas with these after you get it. now that's like sunblock before or sun burn cream later. oh, somebody out there's saying, now i get it! take beano before and there'll be no gas. >>> if you're a conservative republican you might feel under attack this morning. a series of events point to a growing concern ov
. >>> anna wintour might be looking for an ambassadorship for the uk or france. >>> new york's mayor corey cory booker starts his food stamp challenge. >> starting to cut through the prejudice and ignorance about people who use supplemental programs and get people to a higher level of consciousness and understand that the common investment in programs like this and they are important. >>> newt gingrich is getting a cameo on parks and recreation. >>>...
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Dec 30, 2012
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but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current conditions. one is that all this money printing is masking miserable underlying conditions, that real wages haven't increased very much and the economy is in terrific shape. the other view is that the economy is okay and that this additional money printing will result in risk assets increasing in value. and you know, people in our shop, some people have the one view, other people have the other view. it's very interesting. we're in unusual times when additional research will go a long way in pointing out the mine fields. that's where we spend our time. >> that's where you do spend your time. you're independent, no
but in fact, in every developed country from the uk, the european union and japan. >> and just to interrupt you, sean, that's probably why everybody says all of this money printing will lead to inflation. one of the reasons it hasn't really is because everybody's doing it. >> there's that reason and there's the underutilization, both in terms of the employment and also in terms of planned capacity. in fact, there are two different views of the investment universe under the current...
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regulatory but it also comes as zynga struck a deal to offer poker and casino games for real money in the uk and that's going to start neck year. and if it is a new avenue of growth it would be good. because its own growth has kind of stalled on lackluster interest, like with mafia wars 2 is shutting down on facebook and 13 other games have been dropped as well. we'll have to see if it works. >> cnbc's mandy drury, thank you. >> thank you. >>> top five viral videos of 2012. remember the father who shot his daughter's laptop after he read her facebook post complaining about her posts? and the space jump 24 miles above the earth. there it goes. number three, the bullied bus monitor who was flooded with more than $700,000 in donations from around the world. number two, gangnam style that how has over nine million views. and the number one viral video of the year, kony 2012. this clocked 100 thourk views in just six days bringing a view to outside central africa that no one knew anything about. reliever by orthopedic doctors. just two aleve can keep pain away all day. back to the news. yofor giv
regulatory but it also comes as zynga struck a deal to offer poker and casino games for real money in the uk and that's going to start neck year. and if it is a new avenue of growth it would be good. because its own growth has kind of stalled on lackluster interest, like with mafia wars 2 is shutting down on facebook and 13 other games have been dropped as well. we'll have to see if it works. >> cnbc's mandy drury, thank you. >> thank you. >>> top five viral videos of 2012....
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product of us and we have to own him, but ask questions this happens in australia and france and the uk and happens in japan, but for some reason i don't see them grieving over 20 children that have been slain in their schools. that does come down to a question of our gun problem and gun culture and the way we cope with it. i know the families in this town when they are past their grieving and they never will be, but one of the things people want to do here in newtown united is to give them a platform and a voice and let's hear what they have to say. >> two things you mentioned. newtown united and the goals for the organization. you mentioned having knew or met nancy lanza. can you give impressions of her from meeting her? >> it is a small town and a bunch of us play tuesday night ultimate frisbee in one of the local playing fields. we want to have a beer and we go to this place called my place. you have seen it on the news. nancy was i don't want to say a regular, but she was there and i chatted with her. a seemingly pleasant person and i'm sure she was. that's it. that's how small tow
product of us and we have to own him, but ask questions this happens in australia and france and the uk and happens in japan, but for some reason i don't see them grieving over 20 children that have been slain in their schools. that does come down to a question of our gun problem and gun culture and the way we cope with it. i know the families in this town when they are past their grieving and they never will be, but one of the things people want to do here in newtown united is to give them a...
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they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for british investment bank. we're alone in not having a state backed investment institution to plug that market failure. and i think the officer of budget responsibility, our independent fiscal council here, has made clear part of what is holding back growth is this credit problem that we have. now, sure of course the eurozone affects the wholesale money markets, but there are things that you can do domestically to address that. and if you look at, say, sorry to use germany constantly, but during the liquidity crunch in 2009, germany investment bank kfw was able to immedia
they don't think they're operating quite the same way here in the uk. for example, local bank managers relationship managers are not given the sap kind of discretion to make lending decisions in respect to businesses in their community that they know that they see every day. so we have to change the culture in our banks. but there is also a market failure in terms of having a financial services sector of small to medium sized businesses and that's why p opposition is arguing strongly for...
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Dec 19, 2012
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central bankers from japan to the united states to europe to mark carnie pulled out of canada to be uk central banker. that's the big story. >> my people of the year would have been the teachers and students of sandy hook elementary. i think they have changed america forever. sue? >> i second that one, ty. >>> coming up, kayla with a very interesting app from bank of america. >> it is like the ghost of christmas future and we are all ebenezer scrooge. look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysema. spiriva helps control my copd symptoms by keeping my airways open for 24 hours. plus, it reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintenance treatment that does both. spiriva handihaler tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, glaucoma, trouble urinating, or an enlarged prostate. these may worsen with spiriva. discuss all medicines you take, even eye drops. stop taking spiriva a
central bankers from japan to the united states to europe to mark carnie pulled out of canada to be uk central banker. that's the big story. >> my people of the year would have been the teachers and students of sandy hook elementary. i think they have changed america forever. sue? >> i second that one, ty. >>> coming up, kayla with a very interesting app from bank of america. >> it is like the ghost of christmas future and we are all ebenezer scrooge. look, if you...
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Dec 21, 2012
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as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific. >> hello again. top stories on al jazeera, at least 30 people have been killed in southeastern kenya. the deaths in the delta region have been blamed on fighting between the orma and pokomo tribes. the first round of the draft for the egyptian constitution is planned for friday. u.s. president barack obama says he will work with congress to avert spending cuts and tax hikes in the new year. where republicans budget bill to avert the -- a republican budget bill to avert hit the fiscal cliff was killed in the house. 20 people have been killed in flash floods and landslides in sri lanka. 14 pe
as for the west, we are seeing that rain pushed in across the uk, down into much of france. flooding is likely. it should be fine across much of the iberian peninsula, 15 degrees expected in madrid. further east, this extends through north africa, so for both tripoli and benghazi, it will be cloudy, the chance of some showers. 19 degrees in cairo as a maximum. along the coast, for the west, whitely dryer -- likely dryer. solutions for america, friday, 7:00 p.m. eastern, 4:00 p.m. pacific....
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Dec 11, 2012
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and uk for business travelers represents $2 billion in revenues. massive. >> when you look at star, skyteam, what delta is part of, versus oneworld, they are all joking to increase their market share. no word on whether this will be the case with virgin atlantic joining skyteam. don't be surprised if that ultimately happens. take a look at shares of delta enjoying a nice day today. you mentioned airline index, yes, it is trading at a one-year high. a heck of a chart up 20%. not just on the delta news but increased speculation that the usair a mulmr merger will happe the future. there's been some developments over the last few days. that's why you see the airline stocks bidding higher. >> one thing about this deal, you talk about a $360 million deal. a week ago people were talking about or last week talking about $1 billion plus. what's the difference between -- that is a huge difference between the ultimate deal? >> very huge difference. i think ultimately you look at singapore airlines, it needed to get out of this arrangement. it was not making m
and uk for business travelers represents $2 billion in revenues. massive. >> when you look at star, skyteam, what delta is part of, versus oneworld, they are all joking to increase their market share. no word on whether this will be the case with virgin atlantic joining skyteam. don't be surprised if that ultimately happens. take a look at shares of delta enjoying a nice day today. you mentioned airline index, yes, it is trading at a one-year high. a heck of a chart up 20%. not just on...
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the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright, family photo. charlie! stop punching your brother. he asked me to! hey, sarah, stop texting, and look at your dad. i can do two things at once. ok, well just look at your dad, so he can get this shot. i'm going to be a ninja! (chaos & noise) got it. what? yeah, i got it, come here. nobody move, especially you, charlie. how'd you do that? automagically. let's eat. combine pictures with best face. on the new samsung note ii. for a limited time, get two flip covers for the price of one, exclusively at verizon. can your moisturizer do that? [ female announcer ] dermat
the uk has held hearings and issued reports on this. and it's spending millions to hire special investigators yo s to look into this. they have a new agreement to share new information on taxable income, but any major crackdown is going to take a change in legislation. >> maribel, thank you. >>> the u.s. could launch a mini unmanned space plane in just a few hours and the cargo is classified. we'll have an update from florida, coming up in just a minute. stay with us. alright,...
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>> you know, it's no different than what happened over in the uk, in my opinion. they had a similar proposal to what we proposed with dollar revenue and $3 worth of spending cuts. they had a cost benefit analysis they did on all the spending programs, they raised the retirement age. they slowed the rate of growth of health care and they tried to get to balance in four or five years. and we thought at the time the debt was too much too quick that amount of austerity would really, you know, lead to a recession. that's why we had as our number one priority in our program that we didn't want to do anything to disrupt a very fragile economic recovery, so we phased ours in. if you do that and if you look at the economic forecast you can see what would happen. you'll probably have economic growth slowed by with about 4%. we're only growing at 2%. so you're automatically in recession. you would have about 2 million more people lose their jobs. that's not something i want to see. and unemployment back to 9%. i think that's absolutely wrong and i think is the kind of thing
>> you know, it's no different than what happened over in the uk, in my opinion. they had a similar proposal to what we proposed with dollar revenue and $3 worth of spending cuts. they had a cost benefit analysis they did on all the spending programs, they raised the retirement age. they slowed the rate of growth of health care and they tried to get to balance in four or five years. and we thought at the time the debt was too much too quick that amount of austerity would really, you know,...
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. >> ari, another name that came up is anna winter as the possible ambassador to france or the uk. she's the inspiration for "the devil wears prada." how does >>> good evening, americans, and welcome to "the ed show" from new york. president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you. >> the president holds the line on taxes and draws the line on ç the debt ceiling. >> i will not play that game. >> tonight, democratic whip steny hoyer gives me the latest fiscal cliff developments and the democratic line on medicare. tom perriello from the center of american progress action fund on how democrats can deal with republicans who can't deal with reality. rubio and ryan reload with a new message for the middle class. >> both parties tend to divide americans into our voters and their voters. >> but there is no escaping their own policies. >> we're going to a majority of takers versus makers in america. >> dnc chair debbie wasserman
. >> ari, another name that came up is anna winter as the possible ambassador to france or the uk. she's the inspiration for "the devil wears prada." how does >>> good evening, americans, and welcome to "the ed show" from new york. president obama has john boehner boxed in and is done playing games. now it's getting good. this is "the ed show." let's get to work. >> let's allow higher rates to go up for the top 2%. that includes all of you....
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this road will contribute to the economy, enabling us to contribute to the regeneration of uk? >> can i thank my honorable friend for campaigning assiduously for this. he has made a very strong case for how this new road will open up the prospect really economic governments as well as dealing with traffic congestion. and it's exactly the program we can undertake that didn't happen under the last labour government because we made the switch. again, i congratulate him for the campaign he has fought which i think is -- [inaudible] >> given the falling number of nurses in the nhs, does he recognize that people view with skepticism what you said about protection to the nhs? will he acknowledge that passing on a 2% cut to local government will cut adult social services across the country? the foldable, the disabled, the elderly. >> just -- for so we provided billions more, but -- let me just say this point to the labour party. they want to be in government and they claim they want to cut the deficit. what would they cut? what would they cut? if they object to the local government set
this road will contribute to the economy, enabling us to contribute to the regeneration of uk? >> can i thank my honorable friend for campaigning assiduously for this. he has made a very strong case for how this new road will open up the prospect really economic governments as well as dealing with traffic congestion. and it's exactly the program we can undertake that didn't happen under the last labour government because we made the switch. again, i congratulate him for the campaign he...
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france and the uk have already recognized the syrian rebel group. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks, charges and expenses. read and consider it carefully before investing. risk includes possible loss of principal. i heard you guys can ship ground for less than the ups store. that's right. i've learned the only way to get a holiday deal is to camp out. you know we've been open all night. is this a trick to get my spot? [ male announcer ] break from the holiday stress. save on ground shipping at fedex office. for thos...this...ions of doing break fromthis...liday stress. ...and this, dancing in their heads... ...we have these. home depot gift cards. give the gift of doing, in-store or online. >>> t
france and the uk have already recognized the syrian rebel group. twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment objectives, risks,...
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this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so much. that does it for this edition of "360." see you again one hour from now at 10:00 p.m. eastern. thanks for watching. "piers morgan tonight" starts now. >>> tonight, tragedy in kansas city. >> how many shots? >> a football star's shocking murder-suicide. two more victims of gun violence. now the great debate rages again. is it time for america to put down its guns? both sides go head-to-head. >>> also, one of the biggest names in the history of the game speaks out. hall of fame quarterback joe namath joins me exclusively. >>> plus, a man that many say is
this is one of the best hospitals in the uk. i have to say there's been a huge media presence here today, more are coming in all the time from all parts of the world. i can tell you that the "daily mail" newspapers, one of the main selling newspapers in this country, is dedicating 14 pages to this in the morning so they are going very, very big on this indeed. it's a big story for the uk and the commonwealth. >> and the world. big story just beginning. max foster, thanks so...
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the hospital isn't even saying the manner of death but according to reports here in the uk, multiple sources say she took her own life and was found on the hospital premises this morning. they tried to revive her but unsuccessfully. the hospital interestingly said that they have been supporting her through this difficult time and telling us that she was having a tough time. we don't know exactly why or what else was going on in this woman's life. but it appears that she did commit suicide on the grounds of the hospital. anyone else who worked with her but people described as stunned, that the news is staggering. one of the things that this prank phone call really highlighted, aside from the fact that it was a breach of security, was the kindness and unsuspecting nature of both of the nurses who took the phone call. this nurse in question today was the one who originally took the call and then transferred it to the duchess of cambridge's ward. the hospital even said, you know what, these nurses are trained to care for patients, not trained to deal with journalistic trickery. >> michel
the hospital isn't even saying the manner of death but according to reports here in the uk, multiple sources say she took her own life and was found on the hospital premises this morning. they tried to revive her but unsuccessfully. the hospital interestingly said that they have been supporting her through this difficult time and telling us that she was having a tough time. we don't know exactly why or what else was going on in this woman's life. but it appears that she did commit suicide on...
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versus the uk today. although the uk has not had growth, it has created jobs. in many ways that's a mirror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america are pretty similar. we face the same issues with a competitive ship to economic power to china and the like. we have to educate our children better. we're doing the things. i think the issues we take on entitlement reform and education reform, these are the things that the u.s. congress and administration have to tackle in the next year on or so. >> what about europe? will the euro zone up stick together and will the uk start part of the union? david cameron said in the last couple of days there may need fob a referendum on that. >> the euro zone will stick together. they made
versus the uk today. although the uk has not had growth, it has created jobs. in many ways that's a mirror image of the u.s., which had a reasonable amount of growth and much is jobless growth. do you have any views why the uk has managed to create jobs and america hasn't? >> last week about the uk, we're becoming a more competitive economy. we've aggressively cut the business tax rates and moving up the rank of competitive economies in the world. i think the challenges in britain america...
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>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the germans said only 30 or so. we ended up with something closer to 150. and the option for the ecb pinpoint ago problem, even if it's the smaller banks saying, we have a problem there. we have to pull that into our supervision, they can do that. that seems to be the provision that we have here at the moment. so i think everybody could be out there and say, we won a little bit and that's how eu decisions usually work. you have to end up in a consensus that everybody can live with and at least we get a law that deserve tess name on track and then it could become operational in
>> well, none have is 00% committed in doing so, except the uk and sweden. the others have indicated that they will look into it and there's the expectation they will join. maybe not immediately, maybe somewhere down the road. but at least they want to join. it remains to be seen whether they can join from the word go. in terms of which banks are being supervised, i think this is a typical eu compromise and maybe not a bad one. remember, france wanted all 6,000 banks being supervised. the...
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Dec 13, 2012
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s&p 500 puts negative watch -- or negative outlook on the uk's aaa rating. you see the pound taking a pretty big hit versus the greenback on that news. you can also see, you know, our stock market's already been under, you know, a touch of weakness given maybe some of the comments out of d.c. but there's the s&p 500 down 6 points, nasdaq down as well. we're at the weakest levels of the day. that's certainly a headline to keep an eye on and the impact it's going to have in the currency markets throughout the day. >> i think that's a commentary on austerity. cameron came in and stripped austerity measures. it's been problematic. be careful how much austerity you actually induce into an economy. >>> shares of back referlackber r.i.m. trading at seven-month highs. whether the company has its mojo back. >>> we head to the trading pits to find out why gold is falling on its post-fed decision gains. we'll be right back. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will
s&p 500 puts negative watch -- or negative outlook on the uk's aaa rating. you see the pound taking a pretty big hit versus the greenback on that news. you can also see, you know, our stock market's already been under, you know, a touch of weakness given maybe some of the comments out of d.c. but there's the s&p 500 down 6 points, nasdaq down as well. we're at the weakest levels of the day. that's certainly a headline to keep an eye on and the impact it's going to have in the currency...
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research uk says men now stand a one in two chance of developing kabser largely because people are living longer. cancer is expected to increase the most in men over 15 years include bowel, prot yait and mel la gnomea. another new study finds sharing meals as a family improves eating habits of children, even fit happens only one once, or twice per week. looking at 2400 children in london found children ate more fruits and vegetables if they saw their parents eating them and were more likely to eat them as parents cut them up for them. researchers say more campaigns are needed to promote family meal autos this is terrific now. 9-month-old formerly conjoined twin girls made a public appearance. they were introduced at children's hospital, surgeons separated girls during a seven hour separation. -- operation,[lv mom says the girls have distinct personality autos allison is is the stronger one. amelia is laid back and very easy going. very serious, hard to get to smile. but when she does, she welcomes with you smiles every time. >> amelia still is in intensive care, surgery was hospital. >>
research uk says men now stand a one in two chance of developing kabser largely because people are living longer. cancer is expected to increase the most in men over 15 years include bowel, prot yait and mel la gnomea. another new study finds sharing meals as a family improves eating habits of children, even fit happens only one once, or twice per week. looking at 2400 children in london found children ate more fruits and vegetables if they saw their parents eating them and were more likely to...
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Dec 19, 2012
12/12
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KPIX
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anti-gun lobby which did eventually win an almost blanket ban on the private ownership of handguns in the uk. and then this summer the community turned another corner. andy murray, the tennis champion, who survived the dunblane massacre by hiding under a desk won gold at the london olympics. for dunblane at latest there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook elementary school shootings broke, old wounds reopened. >> obviously our hearts go out to them. and -- sorry. i'm not really giving them the best for someone who's moved on, but i think out of the most tragic circumstances, some good does appear, and hopefully that will happen for them. >> reporter: at the dunblane community center, they're lighting candles of condolence and sending sympathy from one of the only places on earth that really understands the depth of newtown's grief. elizabeth palmer, cbs news, dunblane. >> coming up after your local news on "cbs this morning," many more on the scathing investigation into the deadly benghazi attack. a live state department report. >>> p
anti-gun lobby which did eventually win an almost blanket ban on the private ownership of handguns in the uk. and then this summer the community turned another corner. andy murray, the tennis champion, who survived the dunblane massacre by hiding under a desk won gold at the london olympics. for dunblane at latest there was a joyful legacy to balance its terrible stigma. but as soon as the news of the sandy hook elementary school shootings broke, old wounds reopened. >> obviously our...
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Dec 11, 2012
12/12
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CNBC
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delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a lower bid to cover they have to go back to february. if you look at direct bidding at 24.8, that is a record. that's almost twice 13%. if you look at indirect bids it's almost exactly the opposite. 22.9 well below 32% auction average and lowest since may of '07. we walk away thinking not so great. now that yield i mentioned, .327 is a record all-time low yield for the threes. after i sypher all that we come up with an average and look forward to $21 billion, ten years, early auction because of the fed decision. back to you, tyler. >> rick, thank you very much
delta, more business over to the uk, lucrative business. we'll talk to the ceo of delta in a few minutes. rick santelli tracking the action at the c mulch e. what was it like today? >> it wasn't bad. we're going to give this auction a hook, an absolutely dead smack in the middle of the curve c. there's some strange inputs in this auction. $32 million yields a .327, which is exactly in the middle bitten off on wi. so pricing is fine. if you look at internals, a bid to cover -- to find a...
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Dec 17, 2012
12/12
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CNBC
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>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much of a surprise? >> it will not be a fast recovery. the ecb will be forced to do more, but they'll be drald dragged into it. so things will have to get worse before they act. so i don't really think -- >> what more actions? they have a t program waiting to go. what more actions are you talking about? >> the key policy rate for the ecb is likely indeed in the first quarter. they can take dpopt deposit rate negative. by the middle of next year, they'll be doing outright qe. i've been talking about this for ages. they haven't done it so maybe they won't do it. but i'm as
>> the uk at the moment is showing clear signs of recovery. i think if we can through the first quarter of nkts year, it all will be recovering. i don't care expect this to be a real turn until the second half. as we go into the second half of next year, it will become clearer. even the eurozone is recovering. within that, you'll have very much the laggards. france won't do particularly well, but germany and italy maybe next year have a potential surprise on the upside. >> how much...
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Dec 3, 2012
12/12
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CNBC
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. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again, housing or real estate or something or bad banks or -- and now again they're kind of a model for everyone on how to handle it. is that basically the last five years? >> absolutely. certainly was a real estate bubble there. now there are austerity measures being put in place and they're actually following through on the austerity measures. so certainly they'll come out first and actually look pretty good. >> so where is the most business for you for cantor in ireland, what will you be doing? >> certainly it's an equity based firm. we'll bring our fixed income experti
. >> is dolmen all over the uk? >> that's correct. they're predominantly in ireland, but you look at ireland right now, they're actually going through the reforms. they're trying to inject money in a credit fashion into their economy. and we certainly think we can bring our fixed income expertise and continue to help them. >> that would make sense for cantor. ireland was the mf-will first they were in trouble, then the model for the world. what got them into trouble again,...
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247
Dec 11, 2012
12/12
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>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that access between new york and london? >> yes. and it's about geography. singapore is a long way away from london. and the traffic flows between singapore and london are light. a couple hundred people a day between singapore and london. whereas the traffic flows between the u.s. and uk for business travelers represent $2 billion in annual revenue. so it's massive. massively larger, and the geography is a lot closer. >> you're expecting approval perhaps by the middle of next year. once that happens when will you say, okay, let's modify some of the flight schedules in terms o
>> it's really about the access to the uk/u.s. marketplace. it's by far, by 200%, the largest market between europe and the u.s. and delta's had about an 8% market share. with this transaction, we get to second place with about a quarter of the market. >> a lot of people looked at singapore air when it had 49%, which is what you're buying. they said singapore air never could really maximize the profit potential. what can you do that singapore air could not do? is it about that...